GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vermilion Energy Inc (NYSE:VET) » Definitions » Cyclically Adjusted Book per Share

Vermilion Energy (Vermilion Energy) Cyclically Adjusted Book per Share : $13.18 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Vermilion Energy Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Vermilion Energy's adjusted book value per share for the three months ended in Mar. 2024 was $13.782. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $13.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vermilion Energy's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Vermilion Energy was 15.20% per year. The lowest was 0.60% per year. And the median was 8.95% per year.

As of today (2024-06-09), Vermilion Energy's current stock price is $11.25. Vermilion Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.18. Vermilion Energy's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vermilion Energy was 6.60. The lowest was 0.19. And the median was 2.16.


Vermilion Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vermilion Energy's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vermilion Energy Cyclically Adjusted Book per Share Chart

Vermilion Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.65 12.25 12.65 12.52 13.43

Vermilion Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.82 13.29 13.16 13.43 13.18

Competitive Comparison of Vermilion Energy's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Vermilion Energy's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vermilion Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vermilion Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vermilion Energy's Cyclically Adjusted PB Ratio falls into.



Vermilion Energy Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Vermilion Energy's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=13.782/126.2576*126.2576
=13.782

Current CPI (Mar. 2024) = 126.2576.

Vermilion Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.463 99.473 22.165
201409 16.992 99.394 21.584
201412 16.335 98.367 20.967
201503 14.373 99.789 18.185
201506 14.561 100.500 18.293
201509 13.508 100.421 16.983
201512 12.103 99.947 15.289
201603 11.606 101.054 14.501
201606 10.904 102.002 13.497
201609 10.716 101.765 13.295
201612 10.006 101.449 12.453
201703 10.114 102.634 12.442
201706 10.247 103.029 12.557
201709 10.460 103.345 12.779
201712 9.894 103.345 12.088
201803 9.871 105.004 11.869
201806 13.254 105.557 15.853
201809 12.707 105.636 15.188
201812 13.731 105.399 16.448
201903 13.362 106.979 15.770
201906 12.820 107.690 15.030
201909 12.307 107.611 14.439
201912 11.920 107.769 13.965
202003 5.257 107.927 6.150
202006 4.804 108.401 5.595
202009 4.675 108.164 5.457
202012 4.552 108.559 5.294
202103 7.043 110.298 8.062
202106 9.411 111.720 10.636
202109 8.455 112.905 9.455
202112 9.948 113.774 11.040
202203 11.299 117.646 12.126
202206 12.675 120.806 13.247
202209 13.301 120.648 13.919
202212 15.338 120.964 16.009
202303 17.024 122.702 17.517
202306 17.514 124.203 17.804
202309 17.396 125.230 17.539
202312 13.926 125.072 14.058
202403 13.782 126.258 13.782

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Vermilion Energy  (NYSE:VET) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Vermilion Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.25/13.18
=0.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vermilion Energy was 6.60. The lowest was 0.19. And the median was 2.16.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Vermilion Energy Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Vermilion Energy's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Vermilion Energy (Vermilion Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vermilion Energy Inc (NYSE:VET) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
520 - 3rd Avenue SW, Suite 3500, Calgary, AB, CAN, T2P 0R3
Vermilion Energy Inc is an international oil and gas-producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well-completion techniques to keep production at attractive levels. It derives a majority of its revenue from Canada.